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118 Martin Street
Brighton VIC 3186
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Sold on 16 Jun 2017

118 Martin Street Brighton VIC 3186

  • Offices
  • Sold

Brand New 10 Year Lease in Brighton

$375,000 p.a in starting rental with fixed 3% increases and no market reviews in term. ..Just see the income come in for the next 10 years!

* Brand new 10 year lease to McKenzie Aged Care Head Office
* Commencing rental of $375,521 p.a + GST + outgoings
* Fixed annual increases of 3%
* Option periods of 5 + 5 + 5 years
* 10 year cash flow totaling over $4,300,000 over the term
* Established aged care group (1998) with 17 locations around Australia
* Brand new, architecturally designed office spaces with NBN internet and 3/2 metre high ceilings
* 25 basement level car spaces for use of tenant and on title
* Excellent depreciation benefits
* First class fit out at expense of tenant
* Amazing location in Martin Street, Brighton close to Gardenvale Train Station, popular cafes and supermarket

For further information contact:

JULIAN VAUTIN - 0420 406 660 or julianv@nicholscrowder.com.au
JAMES GLEN - 0401 493 277 or jamesg@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.

Nichols Crowder Property Moorabbin
Nichols Crowder Property Moorabbin
358 South Rd
Moorabbin, VIC 3189

Property Highlights

Date Sold16 Jun 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013286516
Category
Last updated  26 Oct 2018
Map for 118 Martin Street Brighton VIC 3186

Nearest transport* to 118 Martin Street Brighton VIC 3186

Bus
Train
Tram
Gardenvale Station/Martin St (Brighton)157 m
Gardenvale Station/Martin St (Brighton)170 m
Cochrane St/Martin St (Brighton)206 m
Cochrane St/Martin St (Brighton)222 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Nichols Crowder Property Moorabbin
Nichols Crowder Property Moorabbin
358 South Rd
Moorabbin, VIC 3189

Property Highlights

Date Sold16 Jun 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013286516
Category
Last updated  26 Oct 2018

Listed by

James Glen
James Glen
Nichols Crowder Property Moorabbin
Call
0401 493 277

More about 118 Martin Street Brighton VIC 3186

118 Martin Street Brighton VIC 3186 is categorized as Office. The listing ID for this property is 2013286516.

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